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Technology Stocks : Flextronics International (FLEX)
FLEX 59.98+0.8%Nov 14 3:59 PM EST

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To: jeffbas who wrote (616)3/18/1998 12:11:00 AM
From: John Morelli  Read Replies (1) of 1422
 
Agreed, sector is now under a cloud. How quickly things change.

I think FLEXF can shine provided they have a good quarter (likely) and are upbeat about fiscal '99 (also likely). Long run this is a great sector and major players are growth stocks with value prices. I don't see many better alternatives, do you?

Logically, JBIL problems should not impact FLEXF too badly tomorrow. We have already survived SLR downgrade and conference call comments re future growth.

Timing is not my forte so I will just stay with it and soon enough (just like current problem was unforseeable) things will turn for the better. Patience!
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